Iceland - Statistics & Facts

Published by Statista Research Department, Apr 17, 2018
Iceland is a small island country and one of the northernmost inhabited places on the planet. Despite its northern location, the climate is relatively mild - but definitely not warm. The summer days are long and the winter days are very short; The summer solstice is characterized by near 24 hour light and the winter solstice by near 24 hour darkness. The island also has some of the most striking and unique geography on earth: Iceland is located on the active geologic border between North American and Europe and volcanoes are active, glaciers and hot geysers abound. It is an island of stark beauty and contrast.

The total population of Iceland is smaller than that of your average city around the world. In 2016, there were only 340,000 people who called Iceland home, and the largest city, Reykjavik, hosts around a third of them. The other cities are much smaller in comparison and are located in the south western part of the country. Additionally, there are a number of small fishing villages located along the outer ring. The large majority of the population is now living in urban areas, and Iceland is one of the most urbanized nations around the world, but fishing remains a stable of the economy and culture.

The economy was hit hard during the financial crisis of 2008, especially because of the banking collapse, but it has since experienced steady growth. When the banks failed, the strength of Iceland’s krona fell, and with the resulting economic depression, many Icelanders lost everything. However, the island rebounded quickly - largely a result of the weak krona and the increasing inflow of tourists. The number of inbound tourists increased from 562,000 visitors in 2010 to 1,1 million visitors in 2014, and these numbers are expected to increase. As a result, per capita GDP has also risen steadily, unemployment has dropped considerably and not to mention, after borrowing a great deal of money after the economic crisis, the national debt has also decreased significantly again. All in all, the economic outlook for Iceland looks bright.

Interesting statistics

In the following 3 chapters, you will quickly find the 27 most important statistics relating to "Iceland".

Statistics on the topic
Iceland

Dossier on the topic

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Important key figures

The most important key figures provide you with a compact summary of the topic of "Iceland" and take you straight to the corresponding statistics.

Economy

National Finances

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Infographics on the topic

Iceland Infographic - Iceland: Stronghold of the Pirate Party

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